Ukraine to impose sanctions against all transit from Russia

Ukraine to impose sanctions against all transit from Russia


KIEV, Ukraine: The Ukrainian Prime Minister Arseniy Yatsenyuk has said that his country is ready to impose sanctions against any transit via its territory including air flights and gas supplies to Europe, RT reported.

The Ukrainian Parliament will vote on the sanctions on Tuesday.

In a media briefing on Friday, the premier said that Ukraine has also prepared a list of 172 Russian citizens and 65 legal entities to put under sanctions for “sponsoring terrorism, supporting the annexation of Crimea, and violating the territorial integrity of Ukraine.”

The proposed sanctions include asset freezes, bans on certain enterprises, bans on privatizing state property, refusing to issue licenses, and a complete or partial ban on transit- both aviation and gas.

Yatsenyuk estimates Ukraine could stand to lose $7 billion as a result of imposing sectorial sanctions against Russia, its biggest trading partner after the European Union.

“There is no doubt that Russia will continue its course in Ukraine it began a decade ago- banning Ukrainian goods, decreasing cooperation, pressure, and blackmail,” Yatsenyuk said.

Asad Haroon
Asad Haroon
A netpreneur, blogger and above all; A Human :) Asad tweets from @aghaasadharoon and can also be approached on Google+

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